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Procurement Analyst & Project Coordinator

Related Management Company Gaithersburg Full-Time
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Affordable housing laid the foundation of Related Companies and we continue to place a high priority on developing, acquiring and preserving housing for this sector. In fact, over 60% of our 50,000+ residential apartment homes under our management are part of one or more affordable housing programs, and an additional 20% of these homes provide workforce housing.

In the area of acquisitions and refinancing, we pursue properties that meet one of the following criteria: Section 8 properties with project-based contracts; Section 236 properties in need of rehabilitation; Section 42 LIHTC properties with expiring low-income restrictions; Section 515 FmHA properties with loans that can be prepaid; or other assisted properties, including HODAG, HOME, federal or state-financed public housing.

Many of the buildings we encounter are in need of substantial upgrading and preservation in order to continue to properly fulfill the needs of their tenants. Given our 42 years of experience in debt and equity financing – as well as our extensive management of government-assisted properties – we are well positioned to buy out existing owners who lack the resources and experience to recapitalize and, therefore, wish to exit the affordable housing arena. In addition, with our extensive development experience, we bring the knowhow to expertly rehabilitate the units, thus assuring the continued viability of these projects for years to come.

Responsibilities

The Procurement Analyst and Project Coordinator will be responsible for all aspects of sourcing and procurement including strategic sourcing, supplier relationship management, procurement and tactical purchasing. This effort will require working with all Related field operations leadership to document existing spend management processes and new procurement process. This individual will arrange cooperation with suppliers, negotiating of more favorable prices for resources and services and monitoring of contractual terms.

Responsibilities:

  1. Partner with field operations leadership to ensure site-level procurement needs / requirements are met
  2. Manage effectively to support, develop and execute initiatives that reduce cost in property operations; for example, in areas such as maintenance, repairs & operations, telecom/copiers, property vendors, landscapers and extermination
  3. Ensure that maximum cost savings are achieved while protecting brand quality at portfolio companies
  4. Collect and analyze Affordable East site-level data to support decision-making groups
  5. Assist with defining, measuring, and tracking categories for spending to provide targeted analyses of budget
  6. Negotiate costs, specifications, and timelines with vendors and suppliers, ensuring beneficial contracts
  7. Coordinate payment, delivery, scheduling, and organization of purchases
  8. Manage analytical data using spreadsheets and databases while simultaneously overseeing multiple disciplines of ongoing projects
  9. Demonstrate full knowledge of each project’s status and goals
  10. Communicate notice of changes with Contractors, Community Managers and Service Managers (i.e. addendums on offers currently being procured, project status changes, change orders, etc.)
Qualifications

Background Profile:

  • 0-2 years of Procurement experience in a fast-paced environment
  • Preferred Bachelor’s Degree from an accredited college/university
  • Excellent written and verbal communication skills (including excellent telephone skills)
  • Ability and commitment to learn new material quickly and further develop skills
  • Self-starter with the ability to work both independently and within a team
  • Experience with MS-Office (solid knowledge of Word, Excel, and Outlook)
  • Able to effectively manage time, meet deadlines, learn new tasks and skills, and willingness to what is necessary to get the job done
  • Ability to work on several projects at once while continuing to perform day-to-day activities
  • Ability to handle multiple tasks and work independently with attention to details
  • Strong analytical ability

Benefits and Features:

  • Incentive bonus program
  • Training and development programs
  • Benefits including: Medical, Dental, Life & Disability, Paid Time Off, 401(K) + matching, Flexible Spending Accounts

#CB 

#CB2

Related is an Equal Opportunity Employer

 

Skills required

Staffing
Analysis
Procurement
Management
Microsoft Excel
Appointment Scheduling
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Job ID: 2019-5231

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In 1972, Stephen Ross founded Related Companies, known then as Related Housing Companies. From the beginning, Mr. Ross understood that only an experienced, multi-skilled team of professionals could drive the success of the complex, integrated real estate company he envisioned.

During the 1970’s Related took the lead in financing and developing government assisted multi-family housing for long-term investment. It was a unique concept at the time and still is today. Related soon became the leading financier and developer of affordable housing in the country. By the end of the decade, just eight years later, Related had raised over $40 million in equity to support more than 50 developments with a combined value of over $250 million.

In the 1980s, the company rapidly diversified and dramatically expanded the scope of its business and the range of its holdings. New projects included large-scale, market-rate multi-family developments as well as major metropolitan office and commercial properties. At the same time, the financial services arm grew considerably, becoming a major provider of debt and equity capital and managed over 50 private and public funds. The 1980s also brought a name change – from Related Housing Companies to Related Companies – in recognition of the company's substantial growth, new capabilities and expanded services. To take advantage of growing opportunities around the country, Related opened offices in Miami, Los Angeles and later, Chicago.

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